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YOU WONT BELIEVE: 26 - You Need To See This

Sugar Closes Lower on Weak Chinese Demand and Brazil Sugar Harvest Pressures

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.21 (-0.79%), and Aug London white sugar #5 (SWQ23 ) closed unchanged. Sugar prices Tuesday settled moderately lower. Weakness in sugar demand from China, the world's largest sugar importer, weighed on prices after China's Customs General Administration reported that...

Barchart

Sea off Scotland's east coast 'notably warmer' as record heat increases seen

GLOBAL sea surface temperatures in April and May were the highest on record, with some of the most intense heat increases on Earth recorded in seas…

The National (Scotland)

Sugar Prices Follow Crude Oil Higher

July NY world sugar #11 (SBN23 ) on Friday closed up +0.43 (+1.65%), and Aug London white sugar #5 (SWQ23 ) closed up +17.50 (+2.55%). Sugar prices Friday posted moderate gains, with NY sugar climbing to a 1-month high and London sugar climbing to a 2-week high. A rally in...

Barchart

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Govt must brace for El Niño

Experts are warning Thailand to brace for unusually low average rainfall that may lead to drought as a result of the El Niño weather pattern.

Bangkok Post

Water plans need review

Drought has always been a part of Thailand's weather cycle, but this year's situation is a cause for concern due to the El Nino southern oscillation that is affecting the entire Southeast Asian region.

Bangkok Post

NY Sugar Moderately Higher on Strength in Crude Oil and Brazilan Real

July NY world sugar #11 (SBN23 ) on Thursday closed up +0.16 (+0.62%), and Aug London white sugar #5 (SWQ23 ) closed down -2.10 (-0.31%). Sugar prices Thursday settled mixed, with NY sugar posting a 1-month high. Sugar found support Thursday on strength in the Brazilian real (^USDBRL), which climbed...

Barchart

Pacific corals thrived during strongest El Niño, thanks to local currents, study finds

Researchers find Pacific coral reefs thriving during an intense El Nino which should have completely destroyed them

The Hindu

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Sugar Pushes Higher as the Brazilan Real Rallies

July NY world sugar #11 (SBN23 ) on Wednesday closed up +0.68 (+2.70%), and Aug London white sugar #5 (SWQ23 ) closed up +7.10 (+1.04%). Sugar prices Wednesday closed moderately higher on strength in the Brazilian real (^USDBRL ), which climbed to a 1-year high against the dollar. The stronger...

Barchart

Cyclone Biparjoy won't impact monsoon further: IMD

Cyclone Biparjoy is now completely detached from the monsoonal flow and will not adversely impact the advance of the rain-bearing system or its performance, the India Meteorological Department (IMD) said

The Hindu

Sugar Prices Fall on Ramped-Up Sugar Output in Brazil

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.31 (-1.22%), and Aug London white sugar #5 (SWQ23 ) closed down -4.60 (-0.67%). Sugar prices Tuesday posted moderate losses on ramped-up Brazil sugar production. Unica on Tuesday reported Brazil's 2023/24 sugar production through May was up +37.7% y/y...

Barchart

Sugar Prices Firm on Global Weather Concerns

July NY world sugar #11 (SBN23 ) on Monday closed up +0.09 (+0.35%), and Aug London white sugar #5 (SWQ23 ) closed up +3.70 (+0.54%). Sugar prices Monday posted moderate gains. Since last Thursday, sugar prices have carryover support on concerns that an El Nino weather pattern could disrupt global...

Barchart

Cocoa Extends this Week's Rally on El Nino Concerns

July ICE NY cocoa (CCN23 ) on Friday closed up +31 (+0.98%), and July ICE London cocoa #7 (CAK23 ) closed up +48 (+1.99%). Cocoa prices Friday climbed to 1-month nearest-futures highs. Cocoa extended Thursday's gains on positive carryover on concern that an El Nino weather event could undercut global...

Barchart

Sugar Prices Relinquish Early Gains on Dollar Strength

July NY world sugar #11 (SBN23 ) on Friday closed down -0.10 (-0.39%), and Aug London white sugar #5 (SWQ23 ) closed down -7.90 (-1.15%). Sugar prices Friday gave up an early advance and closed moderately lower. A rebound in the dollar sparked long liquidation in sugar futures after the...

Barchart

El Nino is back, and it's brought the threat of extreme weather with it

The US National Oceanic and Atmospheric Administration (NOAA) declared on Thursday that the El Nino climate pattern is now underway, bringing the threat of more frequent tropical cyclones in the Pacific, increased rainfall and flooding in parts of the Americas and rising temperatures across the globe.

France 24

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Barchart

Coffee Prices Settle Sharply Higher as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) on Thursday closed up +9.45 (+5.10%), and July ICE robusta coffee (RMN23 ) closed up +86 (+3.22%). Coffee prices Thursday settled sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices Thursday...

Barchart

Dollar Weakness and El Nino Spark Fund Buying in Cocoa Futures

July ICE NY cocoa (CCN23 ) on Thursday closed up +46 (+1.48%), and July ICE London cocoa #7 (CAK23 ) closed up +23 (+0.96%). Cocoa prices Thursday extended this week's rally to 1-month nearest-futures highs. Thursday's decline in the dollar index (DXY00 ) to a 2-week low was bullish for...

Barchart

Coffee Prices Surge as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) this morning is up +9.00 (+4.85%), and July ICE robusta coffee (RMN23 ) is up +83 (+3.10%). Coffee prices this morning are sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices...

The Hindu

El Nino | It's early, likely to be big, sloppy and add even more heat to a warming world

An El Nino is a natural, temporary and occasional warming of part of the Pacific that shifts weather patterns across the globe, often by moving the airborne paths for storms.

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The Hindu

Explainer | How El Nino could impact the world's weather in 2023-24

Countries are racing to prepare for extreme weather later this year as the world tips into an El Nino — a natural climate phenomenon that fuels tropical cyclones in the Pacific and boosts rainfall and flood risk in parts of the Americas and elsewhere.

Bangkok Post

It's official: El Nino has arrived

A US government forecaster on Thursday confirmed that El Nino conditions are now being seen, with farmers from Australia to India bracing for the possible hit to crops from the dry, hot conditions it could bring.

The Independent UK

Here comes El Nino: It's early, likely to be big, sloppy and add even more heat to a warming world

After months of gradually warming sea surface temperatures in the tropical Pacific Ocean, NOAA officially issued an El Nino advisory Thursday and stated that this one might be different than the others

The New Daily

BoM raises alert level on El Nino as mercury dips over much of Australia

A cold front will bring about cold conditions for most of Australia, with the weather forecast looking quite wet for most of the country.

Bangkok Post

Indonesia braces for punishing dry season

JAKARTA: Indonesia is expecting a severe dry season from the impact of the El Nino weather pattern, threatening harvests and raising the risks of forest fires, the head of its weather agency said on Tuesday.

Reuters

Indonesia braces for forest fires, crop loss from severe dry season

Indonesia is expecting a severe dry season from the impact of the El Nino weather pattern, threatening harvests and raising the risks of forest fires, the head of its weather agency said on Tuesday.

Reuters

Australia weather forecaster puts chance of El Nino in 2023 at 70%

Australia's weather bureau said on Tuesday there was a 70% chance this year of an El Nino weather pattern developing, typically associated with hotter, dryer weather.

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